Scan to download
BTC $59,369.26 -0.22%
ETH $1,586.86 +1.44%
BNB $552.11 +0.69%
XRP $1.04 +0.86%
SOL $73.94 +3.84%
TRX $0.3195 -0.73%
DOGE $0.0722 +0.11%
ADA $0.1442 +0.87%
BCH $198.94 +3.24%
LINK $7.30 +0.91%
HYPE $66.06 +7.22%
AAVE $89.92 -2.57%
SUI $0.6921 +1.62%
XLM $0.1845 +7.53%
ZEC $399.86 +6.43%
BTC $59,369.26 -0.22%
ETH $1,586.86 +1.44%
BNB $552.11 +0.69%
XRP $1.04 +0.86%
SOL $73.94 +3.84%
TRX $0.3195 -0.73%
DOGE $0.0722 +0.11%
ADA $0.1442 +0.87%
BCH $198.94 +3.24%
LINK $7.30 +0.91%
HYPE $66.06 +7.22%
AAVE $89.92 -2.57%
SUI $0.6921 +1.62%
XLM $0.1845 +7.53%
ZEC $399.86 +6.43%

rsi

All
Article
Flash

Zhao Changpeng: The correction in the cryptocurrency market is influenced by the diversion of funds to AI, geopolitical situations, and cyclical factors

According to CoinDesk, Binance founder Zhao Changpeng stated that the significant decline in the crypto market in the first half of 2026 does not have a single cause. Geopolitical tensions, investors shifting funds to AI, and the typical four-year cycle of crypto may collectively lead to the continued decline of Bitcoin and other crypto assets. Bitcoin reached a historical high of over $126,000 last October and has since fallen by about 50%. At the beginning of this year, Bitcoin opened near $89,000, briefly rose to just above $96,000, and then dropped to around $60,000.In the long term, the crypto industry will continue to develop, and the demand for fintech will increase as the number of transactions continues to rise, so they are not concerned about the industry itself or short-term price fluctuations. They stated that emerging industries like AI are absorbing "hot money" from the crypto sector, but in the long run, this could be a positive factor. When discussing prediction markets, Zhao Changpeng mentioned that the rapid growth of prediction markets as tools for price discovery and liquidity is a good thing for the public.Regarding regulation, Zhao Changpeng stated that separate bills like the U.S. Clarity Act are important but more tactical matters that will not determine the long-term growth of the crypto industry. He hopes the Clarity Act can pass and believes that if U.S. legislation is delayed, other countries may take the lead in advancing rule-making.Zhao Changpeng also mentioned that if the U.S. Democratic Party regains control of at least one chamber of Congress after the midterm elections, there may be a review of Trump's support for the crypto industry and his pardons for crypto executives. Zhao Changpeng stated he "has nothing to hide" and is willing to cooperate if relevant parties seek information. When discussing political influence, Zhao Changpeng said he tries to stay away from U.S. politics but believes that any anti-crypto individuals may now lose a significant number of votes.

National commercial enterprise pension funds in Japan plan to invest in cryptocurrencies to diversify exchange rate risks

About 1,200 small and medium-sized enterprises have joined the Japan National Business Enterprise Pension Fund (located in Okayama City), which plans to start investing in cryptocurrencies in the fiscal year 2026. There have been some cases of Japanese companies investing in crypto assets, but it is still relatively rare for domestic pension funds to participate directly in crypto investments.The fund plans to allocate about 1% of its total assets to cryptocurrencies and will do so indirectly by investing in passive funds managed by large hedge funds that include various crypto assets. In terms of asset allocation, its structure for the fiscal year 2025 is: 80% yen, 15% US dollars, and 5% other currencies. In the fiscal year 2026, it plans to adjust to: a reduction of yen to 70%, an addition of 10% allocation to developed country currencies, and the remaining 5% allocated to emerging market currencies, gold, and crypto assets.The main purpose of this adjustment is to diversify exchange rate risk. The fund's executive director, Ai Kuchi, stated that the status of the US dollar as a global benchmark currency may be weakening, which is why they decided to reduce their holdings in US dollars. At the same time, he pointed out that the correlation between Bitcoin and the US dollar index is almost zero, making it a tool for hedging against currency depreciation risk and enhancing the portfolio's ability to withstand inflation.

Zhao Changpeng: We are no longer operating the trading platform; BNB Chain is developing a new version that is faster, cheaper, and has more privacy controls

Binance founder Zhao Changpeng (CZ) participated in an exclusive interview on the Galaxy Brains podcast with Galaxy Research Director Alex Thorn. CZ stated that he is no longer operating the trading platform, allowing him more time to communicate with developers, and he is excited about some new features of BNB Chain. He mentioned that BNB Chain is developing the next version, which will be faster, cheaper, and include more privacy controls.CZ also advised blockchain developers not to make major upgrades during a bull market, but to push forward significant updates during the quieter times of a bear market. CZ said that he was skeptical about RWA (Real World Assets) about a year to a year and a half ago, uncertain whether the related assets would be traded or could develop. However, the speed of RWA's development surprised him, as stablecoins, oil futures, AI stocks, and others have gained good acceptance in the crypto community. This indicates that many people globally have been looking for access to these assets.Crypto should not be seen as an independent industry, but rather as a new technological tool that makes financial transactions faster, cheaper, and more transparent. He believes that traditional financial institutions can use blockchain, and crypto companies can also provide services similar to traditional finance, such as loans, savings, stock trading, remittances, and payments. In the future, there should not be a clear distinction between traditional finance and crypto, but rather a more globalized, faster, and lower-cost financial industry.

MetaPlanet's BTC reserves face a dual-edged sword challenge in exchange rates after the Bank of Japan raised interest rates. OSL Group, in collaboration with the Hong Kong Polytechnic University, released a report stating that corporate cross-border trade payments will drive the large-scale adoption of stablecoins

According to BBX data, yesterday's interest rate hike in Japan coincided with the Federal Reserve's decision window, creating the most intense macroeconomic shock point of the week. The latest results of institutional stablecoin research were released on the same day, with the core dynamics as follows:Metaplanet Inc. (TSE: 3350), as the largest corporate BTC reserve holder in Asia and the third largest publicly traded company holding Bitcoin globally (holding 40,177 BTC at an average price of about $104,000, with a target of 100,000 BTC by the end of 2026), faced a dual-edged sword pressure from the exchange rate yesterday: after the Bank of Japan announced a 25 basis point increase in the policy interest rate to 1.0%, the yen strengthened, superficially lowering the book value of BTC denominated in yen, but Bitcoin subsequently rose against the trend (CoinDesk's headline on the same day: "Bitcoin rallies after Japan rate increase"), with actual improvements in USD-denominated holdings. The company's current holdings are approximately $2.64 billion (estimated at $65,750/BTC), with the latest capital move being the issuance of 8 billion yen (about $55 million) for the 20th bond (EVO FUND) on April 24 for additional BTC purchases. Analysts warn that if the BOJ's interest rate hike triggers large-scale unwinding of "Yen Carry Trade," global risk assets including BTC may suffer systemic deleveraging shocks—however, Metaplanet holds physical BTC rather than leveraged positions, with its main risk being the exchange rate conversion effect rather than forced liquidation.OSL Group (Hong Kong Stock Exchange: 0863.HK) and the School of Business at the Hong Kong Polytechnic University jointly released a white paper on June 16 (The Block included it on the same day at 9:01 am EDT), titled "Cross-Border Trade Payments Will Drive the Adoption of Regulated Corporate Stablecoins." The core conclusion is that the demand for corporate-level cross-border trade payments is the main path to drive the large-scale adoption of regulated stablecoins, with importance surpassing retail consumption scenarios. OSL Group holds the Hong Kong Securities and Futures Commission licenses 7 (automated trading services) and 1 (securities trading), making it one of the few compliant exchanges globally with both institutional custody and practical experience in stablecoin settlement. Previously, it provided institutional clients with approximately $130 million in USDGO stablecoin settlement services in April 2026. This white paper provides an industrial basis for the stablecoin policy framework of Hong Kong's financial regulatory authorities, and, together with Visa's stablecoin settlement of $7 billion annualized scale, SoFi SoFiUSD's launch, and Western Union's USDPT layout, constitutes multiple points of evidence accelerating the global adoption of corporate stablecoins.
app_icon
ChainCatcher Building the Web3 world with innovations.